Where is My Office is a fascinating and accessible guide to the effective management of corporate real estate — an underestimated element of business management that can have a dramatic impact upon employee satisfaction and organizational efficiency. In the current age of remote working and flexible work hours, why have most office spaces remained relatively unchanged for … [More]
Leading Florida Developer Breaks Ground on First Project in Arizona
The Related Group, an international developer known for its sophisticated metropolitan ‘for-sale’ condominiums, rental and mixed-use projects, announced the groundbreaking of their first multi-family project in Arizona called The Manor Scottsdale. Located at 13220 N. Scottsdale Rd. in Scottsdale, Ariz., the 286-unit upscale multi-family residential apartment homes will be … [More]
Developer Accelerates Growth of Health Club Co. with Work on New Facilities
Barclay Group, the preferred real estate developer for EoS Fitness, continues to flex its development muscle for the health club leader, collaborating on the successful openings of three new EoS gyms in Phoenix and Tempe, Arizona, and Tampa, Florida. EoS Fitness is a premier fitness operator with a differentiated fitness service offering in high demand, and the capacity to … [More]
Canadian Real Estate Development Co. Acquires Prime Development Parcels Adjacent to The Phoenician
Replay Destinations (‘Replay’) has acquired real estate development parcels at The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona. The planned private residential community will sit at the foot of Camelback Mountain, overlooking the Phoenician® Golf Club. Known as Ascent at The Phoenician®, the project will become a true legacy property in one of Arizona’s most … [More]
COVID Inspired Change in Home Design
Companies, real estate agents and entire industries are adapting quickly to match homebuyers’ needs and desires that are radically different from what they were just a year ago . . . Consumers and businesses alike have been forced to adapt and change how they live and work due to the COVID-19 pandemic. Some would say that most of this evolution and change has taken place in … [More]
Adaptive Reuse of Historic Potato Barn in Gilbert
Construction on the renovation and expansion of the iconic Old Potato Barn in Gilbert is set to begin the second week of this month, as a fourth-generation, Mesa-based family business moves forward with its plans to breathe new life into the 54-year-old barn that once housed the area’s potato supply. Completion is expected in summer 2021. The City of Gilbert approved plans … [More]
$1.5B Global Logistics Park in Glendale
Camelback 303 is a $1.5 billion global logistics park being developed in Glendale, Arizona, in a joint venture by Merit Partners, First Industrial Realty Trust Inc. and Diamond Realty Investments. At completion, the park will accommodate approximately 9–10 million square feet of Class A industrial distribution and manufacturing space, making it the largest freeway-fronting … [More]
Boutique Vision for Copper Square Hi-Rise
Leading real estate investor ScanlanKemperBard and capital partner Black Salmon have kicked off the final phase of renovations at 101 North, the second-tallest high-rise in downtown Phoenix. The upgrades, which encompass all of the building’s ground-floor indoor and outdoor spaces, complete a multi-year transformation of the trophy asset into a boutique environment unique to … [More]
Office Condos Serve Pent-Up Demand for Medical
Auviana Medical Complex, a six-building state-of-the-art modern medical and professional office condominium development, was recently completed at 14725-14765 W. Mountain View Blvd. in Surprise. “Auviana is a perfect case study that demonstrates the pent-up demand for medical office space in the West Valley,” says Philip Wurth, CCIM, with Colliers International in Arizona. “We … [More]
Sundt Completes Two Health Clinics
Sundt Construction, Inc. recently completed work on the Valleywise Health North and South Metro Ambulatory clinics in Phoenix, located at 19th and Northern avenues and 35th and Southern avenues, respectively. Each is a single-story, 26,000-square-foot building on a three-acre site. The design is highlighted by multiple structural elements, allowing natural light to penetrate … [More]
Tempe Apartment Complex Sells for $117.5M, Supports Economic Vitality of Area
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Onnix, a 659-unit multifamily asset in Tempe, Ariz. The property sold for $117.5 million, which equates to $178,300 per unit. “Proximate to 18 employment corridors and 600,000 skilled professionals, Onnix is representative of the preference for … [More]
New Modern-Designed Bank Branch Opens in Trendy Downtown Area
A new Chase branch opens today in CityScape, the popular downtown hub in Phoenix. Chase recently opened a new branch in Scottsdale and continues to build new branches throughout Arizona, while this is the first new branch added to the downtown network in years. Branches are the heart of the company because they allow a connection with customers at life’s most important … [More]
Arizona’s Second-Tallest High-Rise Makes Final Renovations, Bringing Boutique Vision for Downtown
Leading real estate investor ScanlanKemperBard (SKB) and capital partner Black Salmon have kicked off the final phase of renovations at 101 North, the second-tallest high-rise in downtown Phoenix. The upgrades, which encompass all of the building’s ground-floor indoor and outdoor spaces, complete a multi-year transformation of the trophy asset into a boutique environment unique … [More]
Phoenix High in Strong Data Center Market
According to JLL’s recently released Data Center Outlook report, Phoenix ranks as a top location among all U.S. markets, performing second in the nation for year-over-year absorption in one of real estate’s strongest sectors. The report notes that companies were migrating to the public cloud before the pandemic, but this trend accelerated in the first half of the year due to … [More]
Alamar to Provide Workforce, Revenue for Avondale’s Growing Economy
With a strong focus on economic growth and smart city planning, Avondale has fast become a top destination for new development. And this month, the city welcomes a valuable addition to its economic engine with the grand opening of Alamar, a 3,695-home, 1,127-acre master-planned community near the proposed Arizona State Route 30. This innovative community is the result of years … [More]
